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<div class="KonaBody"><p><img src="http://osxdaily.com/wp-content/uploads/2011/06/iphone-51.jpg" alt="iPhone 5 mockup" title="iphone-5" width="587" height="426" class="aligncenter size-full wp-image-17967" /></p>

<p>Two new and distinctly different iPhones may be released this September, according to a new analyst report. Yes two iPhones, both an iPhone 5 and a lower cost iPhone 4S, are now expected to be launched this fall, presumably <a href="http://osxdaily.com/2011/06/06/ios-5-release-date-fall-2011/">alongside iOS 5</a>. </p>

<p>If this is true, the two new iPhone models might spec out something like this:</p>

<p><strong><a href="http://osxdaily.com/tag/iphone-4s/">iPhone 4S</a>:</strong> lower end model aimed at prepaid and emerging markets</p>

<ul>

<li>Priced around $349 or lower (<a href="http://osxdaily.com/2011/02/10/iphone-mini-apple-working-on-smaller-cheaper-iphone/">past reports</a> suggest as low as $200)</li>

<li>Unlocked</li>

<li>No-contract required</li>

<li>Pre-paid voice and data plans</li>

<li>Hardware based on existing iPhone 4</li>

</ul>

<p><strong><a href="http://osxdaily.com/tag/iphone-5/">iPhone 5</a>:</strong> upper end model with contract subsidy, powerful CPU, and the latest features</p>

<ul>

<li>Dual-core A5 CPU borrowed from iPad 2</li>

<li>Potentially larger 4″ screen</li>

<li>8MP camera</li>

</ul>

<p>The dual-iPhone report comes from Deutsche Bank by way of <a href="http://tech.fortune.cnn.com/2011/06/27/report-apple-is-building-two-iphones-for-september-release/?iid=HP_LN">Fortune & CNN</a>, with a substantial caveat being the analyst <em>“does not cite any sources or claim any inside knowledge for his two-iPhone theory.”</em> Sources or not, Apple’s own COO Tim Cook has <a href="http://osxdaily.com/2011/02/28/apple-coo-hints-at-cheaper-iphone-prepaid-iphones/">publicly stated</a> they are interested in the prepaid market, and many other news agencies have long reported on a cheaper iPhone going into production.</p>

<p>If this is true, it may go a long way to explain the dual set of rumors that have long floated around which have confused just about everyone, one centered around the all-new iPhone 5 which is said to be full of a bunch of new features, and another focused on the iPhone 4S which is said to be a marginal upgrade based on the existing iPhone 4.</p>

<p>This news comes not long after Bloomberg seemed to clarify that an iPhone 5 was <a href="http://osxdaily.com/2011/06/22/iphone-5-release-set-for-september/">scheduled for September</a>. Where there’s smoke there’s fire, a new iPhone (or two) is definitely coming.</p>

<p>Note: the attached picture is an artists rendering of the iPhone 5 based on rumors.</p>

</div>

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